We provide our clients with 'time-saving business solutions'
We will endeavour to set a fixed fee for each engagement. Our fees are based on hourly charge rate of the staff assigned to the engagement
multiplied by the number of hours agreed upon (if the actual hours spent on the engagement is less than the agreed hours, only the actual
hours spent will be charged).
You will be provided with an initial consultation. The main purpose of this meeting is for us to find out your needs and to gather the relevant background information to help you.
Once it is determined that we can assist you, we will issue you an engagement letter detailing the scope of work, expected outcomes, time frame for each deliverable together with an estimated fee.
You should carefully review this letter before considering whether to engage with us. We will not commence any work until you sign and return the engagement letter.
* Please note that the above procedures do not apply to some of our services where the size of the engagement is relatively small or is
short term engagement such as simple individual tax returns
Each taxpayer’s payment due date varies depends on several factors such as the type of entity, the amount of tax payable, the amount of
taxable income, the status of previous tax returns, etc. So it is always recommended that you contact your tax agent or the ATO to find out
when your tax payment is due.
Once your tax return has been lodged by a tax agent via online, it generally takes 4-5 working days to receive your tax refund. However, if
the tax return was lodged around busy season (eg, close to due date) it makes take a little longer. Your tax agent should be able to contact
the ATO to check the progress of your tax return assessment in any case.
“Negative gearing” is when you have an investment/s which is producing tax losses and those losses are allowed to be offset against your
other income – effectively reducing your taxable income
It depends on your occupation and what type of investments you own. Generally, expenses are only deductible if it is directly related to
your income earning activities (eg, employing staff, rent for office, etc). For each type of investment, there are different rules and tests
to determine its deductibility.
No, income tax is calculated based on the level of income, not based on how many jobs you have. However, in case of having more than one job, employers are often required to withhold tax at a top marginal rate (currently 46.5% including Medicare Levy) unless it is your primary job; this may result in withholding tax from your wages/salary at a very high rate which later you can claim as a tax refund upon lodging your tax return.
